Council relaxes rules for filing GST returns until Aug

The sale returns for July will have to be filed before September 5 instead of August 10.

Kerala extracted more benefits from the upcoming Goods and Services Tax (GST) regime with the GST Council submitting to state finance minister T.M. Thomas Isaac's demand to tax private lotteries from other states on a par with gambling.

No late fees and penalty will be levied for the interim period and the returns will have to filed by businesses with self-declaration, stating the input credit claimed and the tax liability pursuant to that.

Jaitley today responded by stating, "To obviate any lack of preparedness, a slight relaxation of time for two months - July-August - has been given".

A women cover her faces with anti-Goods and Services Tax (GST) placards during a protest as they gather in front of Parliament House in Kuala Lumpur, Malaysia on October 25, 2013. He said, an 18 per cent GST will be levied on bills of 2,500 rupees to 7,500 rupees.

Under the soon-to-be-implemented GST regime, healthcare will continue to be out of the service tax net, in an effort to avoid giving any shock in the first year of the rollout by bringing in new services. The Council also decided that hotel rooms in the tariff range of Rs 2,000- Rs 7,500 a day would attract 18 per cent tax, while rooms with daily tariff above Rs 7,500 would be taxed at 28 per cent. Restaurant service in 5-star hotels would attract 18 per cent tax, Jaitley said.

Rahul Garg, a former Google executive, is positioning his e-commerce firm Moglix for the GST's launch on July 1 when, at a stroke, at least six million companies will have to start filing taxes returns online. "CAIT has also urged that since GST Council is scheduled to meet on 30th June, 2017, a re-look at 28% tax slab is much needed because various items which are neither luxury and nor demerit have been placed under this slab".

The GST Council has approved anti-profiteering rules to form the mechanism. West Bengal has already passed an ordinance, Punjab I hope will pass it. Kerala also.

Earlier, the composition limit for all states was increased from Rs 50 lakh to Rs 75 lakh.

The council also fixed a 28 percent tax rate on beedi, adding that no cess is chargeable on the same.

"Till a consolidated rule is framed by consesnsus, the transient rule will continue", Jaitley said on the e-way bill issue. Businesses now have time till September to purchase and familiarise themselves with GST-compliant software.

England have now gone 35 games and nearly eight years since they last lost a World Cup or European Championship qualifying match. We knew it was going to be tough away from home, global qualifier, Scotland are doing everything to stay in the World Cup".

On Thursday, the hospital reiterated that Scalise will need more operations and will be in the hospital "for some time". House Minority Leader Nancy Pelosi (D-Calif.) said that on Thursday night, everyone will be "Team Scalise".

She began with six pars before making consecutive birdies at numbers seven and eight and then adding one more birdie at No. 11. Thompson had the lowest round Friday at 61 and Lee shot his second straight 65 to leave them tied at 130. "It's been rough.

Aluminum composite panels essentially consist of two thin layers of aluminum sandwiched around a lightweight insulating material. Queen Elizabeth II and Prince William visited an aid distribution site Friday for the tower's residents and met with volunteers.

Justin Thomas was unable to sustain momentum after carding a 9-under 63 Saturday, the best round in relation to par at a U.S. Brooks Koepka without the ability to harness his preposterous ability is nothing more than a bad long drive contestant.

Adam West , the actor who found fame playing the role of Batman in the campy 1960s television series, has died . Given that you can not have Adam West the Mayor without Adam West the person, the character should be retired.

The second most-watched ICC match was India vs Pakistan match in 2011 World Cup Semi Final as it got viewership of 495 million. It not only helped fanatics tone down their aggression but also ensured that a sport has no boundaries whatsoever.

With several first-choice players in the All Blacks squad, the Chiefs are understrength for the clash in Hamilton . The Maori stunned the Lions 19-13 some 12 years back, but here the tourists wrestled their hosts into submission.

Only an exceedingly strong golfer could shoot 67 in those conditions, on a hilly course with about a mile of green-to-tee walking. The two-time PGA Tour victor , and former Georgia star, showed a lot of heart while battling long hitters on a monstrous course.

Death toll in London inferno rises to 30
May said the government would spend £5 million for clothes, food and emergency supplies to the victims. Twenty-four people are being treated in hospital, including 12 who are in critical care, he added.

Trump Responds to Obstruction of Justice Investigation
Trump denies it even though he has the authority under the Constitution to fire Comey for any reason or no reason at all. He heads the McDermott, Will and Emery firm's government strategies practice. "Nice", Trump wrote in his first tweet .

Tebow ends 1st half of his 1st pro season with 3 strikeouts
The Fireflies are back in action for game two of their three-game series against the Charleston RiverDogs on Saturday night. Tebow swung at a pitch and missed prior to losing his grip on the bat and sending it into the second level of the stands.

ICC Champions Trophy 2017 Final
But just when it seemed good for the Pakistan team, Malik played a loose short off pacer Bhuvneshwar Kumar and gifted his wicket. With the bat in hand, India found themselves under early pressure after losing both Virat Kohli and Rohit Sharma for just 6 runs.

Congressman, others wounded in shooting in Va.
Although Scalise was able to talk on the ballfield, by the time he was transported by helicopter to the hospital, he was in shock. The doctor said Scalise has been sedated although the dosage has been turned down to allow him to respond to family members.

London Mayor Calls On Gov't To Cancel Trump's State Visit
His tweet took Khan's comment that Londoners had " no reason to be alarmed " about the increased police presence out of context. And as the president of the world's superpower, Mr Trump should be advised to do the same: to think before he tweets.